Retirement Contribution in 2016

On the 1st of January the retirement contribution will increase.

Here is the new retirement contribution rate:

Retirement Contribution
Employee ContributionEmployer Contribution
Based on gross salary20150,30 %1,80 %
20160,35 %1,85 %
As of 20170,40 %1,90 %
Based on slice A of the salary20156,85 %8,50 %
As of 20166,90 %8,55 %

This increase is not a surprise as it was planned on December 2014.

On the 1st of January 2017 the retirement contribution will once more increase.


Source
RF Paye : http://rfpaye.grouperf.com/depeches/35410.html

FPExpert

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